Property Description

Rare investment and redevelopment opportunity in City Island. 101 Rochelle Street is a 2-family home offering strong upside potential for investors, builders, or buyers seeking to be part of a larger assemblage in one of New York City's most unique waterfront communities.Please note, there is currently no interior access available to the property. The home is being sold as-is, sight unseen as to the interior condition, and buyers should perform their own due diligence.This property is not being sold separately and is included only as part of a three-property package consisting of 101, 99, 103 Rochelle Street. Total asking prices for all four properties is $999,000. There is an additional pierce of waterfront land available at 83 Rochelle Street, and it is available for $250,000. Zoning is reported as R3A with the Special City Island overlay. Buyers are encouraged to consult their architect, engineer, and attorney regarding permitted uses, density, FAR, and future development potential.Located in sought after City Island, enjoy waterfront charm, marinas, dining, and a coastal neighborhood atmosphere while remaining within New York City.All information is deemed reliable but not guaranteed. Buyers should independently verify condition, zoning, dimensions, permits, and development potential.

Property Features

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